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S.V.G. PROPERTIES, L.P.
FIFTH AMENDMENT TO THE FOURTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT AND CERTIFICATE
The undersigned, pursuant to N.J.S. 42:2A-16, desiring to amend
the Limited Partnership Certificate of SVG Properties, L.P. ,
hereby certify as follows:
1. The name of the limited partnership is S.V.G. Properties,
L.P.
2. a. The original Certificate of Limited Partnership was
filed with the Secretary of State of New Jersey on May 12, 1987.
b. The Certificate of Limited Partnership was amended and
restated on May 15, 1987, April 12, 1989, August 21, 1989, and
November 29, 1994.
c. The Fourth Amended and Restated Limited Partnership
Agreement and Certificate was amended on November 29, 1994,
January 17, 1996, August 9, 1996 and September 10, 1997.
3. The total capital is restated to be $102,000. The Fourth
Amendment and Restated Partnership Agreement of SVG Properties,
L.P. shall therefore be amended as follows:
a. Article I Section 1.6 shall be amended to read as
follows: The name and place of residence or office address of
each general partner and limited partner is as follows:
Name of Partner
Address Designation
Xxx Xxxxxx
000 Xxxxxxx Xxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Limited
Xxx Xxxxxx
0000 Xxxxxx Xxxxx
Xxxxxx, XX 00000
Limited
Xxxxxx Xxx, Xx.
0000 Xxxxxx Xxxx
Xxxx. Two, Suite 000
Xxxxx Xxxxx, XX 00000
Limited
Xxxxxx Xxxxx
0000 Xxxxx Xxxx Xxxxx
Xxxxxxxxxx, XX 00000
Limited
Xxxxxxx X. Xxx Xxxxxxx
000 Xxxxxxx Xxxx
Xxxxxxxxxxx, XX 00000
Limited
Xxxx Xxxxxx
0000 Xxx Xxxx
Xxxxxxx, XX 19612
Limited
Xxxxx X. Xxxxxxx
000 Xxxx Xxxx Xxxxxx
Xxxxx Xxxxx, XX 00000
Limited
Spring Village Holdings, Inc.
000 Xxxx Xxxx Xxxxxx
Xxxxx Xxxxx, XX 00000
Limited
Spring Village Holdings, Inc.
000 Xxxx Xxxx Xxxxxx
Xxxxx Xxxxx, XX 00000
General
b. Article II Section 2.1 shall be amended to read as follows:
The shares of the profits, losses or other compensation by way of
income which a Partner shall receive by reason of a Partner's
capital contribution is as follows:
Name of Partner % of Ownership Restated Capital
Xxx Xxxxxx 1.30% 1,326.00
Xxx Xxxxxx 0.55% 561.00
Xxxxxx Xxx, Xx. 0.10% 102.00
Xxxxxx Xxxxx 4.55% 4,641.00
Xxxxxxx X. Xxx Xxxxxxx 3.50% 3,570.00
Xxxx Xxxxxx 10.00% 10,200.00
Xxxxx X. Xxxxxxx 49.00% 50,000.00
Spring Village
Holdings, Inc.
(Limited) 26.50% 27,010.00
Spring Village
Holdings, Inc.
(General) 4.50% 4,590.00
TOTAL: 100.00% 102,000.00
4. The effective date of this Amendment shall be upon filing.
IN WITNESS WHEREOF, the parties hereto have caused this
Limited Partnership Agreement to be duly executed on this
day of , 2003.
GENERAL PARTNER
SPRING VILLAGE HOLDINGS, INC.
Attest:
By: Xxxxx X. Xxxxxxx, President
Xxxxx X. Xxxxxxx, Secretary
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